Fabio
79 lines
3.1 KiB
Markdown
79 lines
3.1 KiB
Markdown
---
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type: "Bill"
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title: "Banks and trust companies authorized investment modification"
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description: "Banks and trust companies authorized investment modification"
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jurisdiction: "us/states/mn"
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legislature: "Minnesota Legislature"
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session: "2019-2020"
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identifier: "SF 3589"
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citation: "Minnesota SF 3589 (2019-2020)"
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classification: ["bill"]
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subjects: ["Banks and Financial Institutions", "Investments and Securities"]
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status: "enacted"
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primary_sponsors: ["Draheim"]
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version_count: 1
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action_count: 22
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vote_count: 0
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first_action: "2020-02-24"
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last_action: "2020-08-01"
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source: "openstates"
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source_identifier: "ocd-bill/39f9da9c-a173-4f30-bb07-30b29560c3c3"
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source_url: "https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3589&ssn=0&y=2020"
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source_hash: "f113e6c49003fbe7691eff671dd0f7e88c39ea2da45d4dc767112a768ad27844"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-mn"]
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---
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# Minnesota SF 3589 (2019-2020) — Banks and trust companies authorized investment modification
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduction** (committee substitute) — [source](https://www.revisor.mn.gov/bills/text.php?number=SF3589&version=0&session=ls91&session_year=2020&session_number=0)
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## Sponsors
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- Draheim — primary (person)
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- Elkins — cosponsor (person)
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- Koran — cosponsor (person)
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- Lang — cosponsor (person)
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- Utke — cosponsor (person)
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- Vogel — cosponsor (person)
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- Wiklund — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-02-24** Introduction and first reading `introduction`
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- **2020-02-24** Referred to Commerce and Consumer Protection Finance and Policy `referral-committee`
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- **2020-03-02** Author added Wiklund
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- **2020-03-12** Comm report: To pass `committee-passage`
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- **2020-03-12** Second reading `reading-2`
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- **2020-05-11** Special Order
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- **2020-05-11** Third reading Passed `passage`
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- **2020-05-15** Returned from House
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- **2020-05-16** Presentment date 05/16/2020
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- **2020-05-18** Governor's action Approval 05/18/2020 `executive-signature`
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- **2020-05-18** Secretary of State Chapter 95 05/18/2020
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- **2020-08-01** Effective date 08/01/20
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- **2020-05-11** Received from Senate `introduction`
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- **2020-05-11** Senate file first reading, referred for comparison HF4067
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- **2020-05-12** Bills identical, SF substituted on General Register
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- **2020-05-12** Second reading `reading-2`
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- **2020-05-13** House rule 1.21, placed on Calendar for the Day Friday, May 15, 2020
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- **2020-05-15** Third reading `reading-3`
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- **2020-05-15** Bill was passed `passage`
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- **2020-05-16** Presented to Governor 05/16/2020 `executive-receipt`
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- **2020-05-18** Governor approval 05/18/2020 `executive-signature`
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- **2020-05-18** Secretary of State, Filed 05/18/2020
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/39f9da9c-a173-4f30-bb07-30b29560c3c3`. Confidence: reported (aggregated from official Minnesota legislature records).
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